1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BabaBlast [244]
3 years ago
9

A C corporation earns $ 7.90 per share before taxes and the company pays a dividend of $ 5.00 per share. The corporate tax rate

is​ 39%, the personal tax rate on dividends is​ 15%, and the personal tax rate on​ non-dividend income is​ 36%. What is the​ after-tax amount an individual would receive from the​ dividend?
Business
1 answer:
Leviafan [203]3 years ago
5 0

Answer:

$4.55

Explanation:

The corporate tax rate is applied to the net income, not the dividends

And the personal tax rate is applied to non-dividends income so it is not relevant here.

The stockholder would receive $5.00 before taxes. and it will pay 15% for this in taxes.

$5 x 15% = $0.45 dividend taxes

after tax $5 - $0.45 = $4.55

You might be interested in
Armani, the exclusive fashion house, uses the following competitive strategy with the products it sells a. Broad Cost Leadership
frez [133]

Answer:

d. Differentiation

Explanation:

Under differentiation strategy, the company differentiates it's products from those of the competitors by the addition of unique attributes which gradually create brand loyalty for such products.

Product differentiation can be accomplished by different packaging, labeling or using different promotional strategies.

Such differentiation may lead to the brand gaining competitive advantage.

In the given case, Armani employs product differentiation strategy for it's products which are targeted at niche category of customers i.e royal customers.

8 0
3 years ago
You are planning to save for retirement over the next 44 years. To do this, you will invest $500 a month in a stock account and
OverLord2011 [107]

Answer:

MILLONS

Explanation:

8 0
3 years ago
If an account has a credit balance it means​
Brums [2.3K]

Answer:

If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the card issuer owes you. You can call your card issuer and arrange to have a check sent to you in the amount of the credit balance.

Explanation:

Hope this help!!

6 0
2 years ago
A _______________ is a supply chain whose members act like a unified system.
Anvisha [2.4K]

Answer:

e. Vertical marketing system.

7 0
3 years ago
Randy Jones, regional director for CVS Minute Clinic, recently brought together a team made up of individuals with varying speci
Natasha2012 [34]

Answer:

Problem solving team.

Explanation:

You're welcome

3 0
3 years ago
Other questions:
  • Point technologies and its distributor in singapore signed an international distribution agreement. in the event of a​ dispute,
    10·1 answer
  • Average Common Stockholders' Equity, Return on Stockholders' Equity Rebert Inc. showed the following balances for last year: Jan
    11·1 answer
  • Which type of residential setting may care for one to three clients in a family-like atmosphere, including meals and social acti
    7·1 answer
  • g An investor wants to be able to buy 4% more goods and services in the future in order to induce her to invest today. During th
    15·1 answer
  • Item8 3.57 points Item Skipped eBook AskPrintReferences Check my work Check My Work button is now enabledItem 8Item 8 3.57 point
    7·1 answer
  • Whole foods differentiates itself from competitors by offering top-quality foods obtained through sustainable agriculture. this
    11·1 answer
  • Historical development of logistics
    12·1 answer
  • ugh I missed my BFF's birthday it was march 12 but she wasn't online, she said she would be gone three weeks and its been three
    15·2 answers
  • A person that studies how economic theories such as capitalism, socialism, and
    10·1 answer
  • The united states maintained its military superiority with a defense budget larger than the next __________ biggest military pow
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!